Travel Payments

Travel Payments
Space Crowded With the Rich as Virgin Galactic Joins SpaceX, Blue Origin
February 15, 2022

In what could be a new “pay now, launch later” use case readying for liftoff, Virgin Galactic is open for consumer business as of Wednesday (Feb. 16), with tickets starting at just $450,000. The spacefaring arm of embattled Virgin Atlantic Airways said in a Tuesday...

Travel Payments
COVID-19 Didn’t Cramp Americans’ January Travel Plans
February 11, 2022

COVID-19’s omicron variant didn’t seem to have made much of an impact on Americans’ winter travel plans. As PYMNTS’ research learned, the average amount consumers spent on travel purchases rose from $381 in December to $507 in January. That means what while omicron remains a...

Travel Payments
Voxel, Diners Club, Collaborate on B2B Travel Payments
February 11, 2022

Spanish B2B payments firm Voxel has launched a collaboration with Diners Club Spain to promote B2B payments in the travel industry. As Travel Daily News reported Friday (Feb. 11), the agreement makes Diners Club Spain a payment provider for Voxel’s baVel Pay platform, which means...

Travel Payments
Travel Sector Eyes Expansion as New Brands, Services Take Flight
February 07, 2022

Will we go, or won’t we? That’s the question travel brands from airlines to hotels keep asking as COVID variants wreak havoc with booking behavior. But blue skies are starting to show. Converging data points are indicating that pent-up travel demand hinted at in spot...

Travel Payments
UK’s BNPL for Travel Expands as it Gears Up for Looming Regulation
January 11, 2022

Tough economic times have made paying for goods in several installments very popular, boosting the buy now, pay later (BNPL) trend around the globe. When it comes to the travel industry, the service has rapidly caught on with consumers who are looking for travel-centric flexible...

Travel Payments
Gallup: Fewer Americans Flew in 2021 Than Any Year Between 2003 and 2015
January 07, 2022

The friendly skies saw fewer American flyers in 2021 than in any year between 2003 and 2015, according to a Gallup report Thursday (Jan. 6) that points to less travel by employed adults last year. Those who did fly amidst the ongoing spread of the...

Travel Payments
Nearly Half of Consumers More Likely to Stay at Hotels That Offer Hassle-Free Cancellations, Refunds
January 04, 2022

As the rise of the omicron variant brings the pandemic back to the top of mind for consumers, if it wasn’t there already, providers of travel and entertainment services may want to remember that hassle-free cancellation and clear refund policies went a long way toward...

Travel Payments
COVID Lifestyle Changes Prove Fruitful For Some Travel Startups
December 29, 2021

The new omicron COVID-19 variant has not stopped Americans from vacationing, the Wall Street Journal reported Wednesday (Dec. 29), although they’re looking for more flexibility and have been being more careful. This, the report says, has fueled startups that have been helping navigate the realities...

Travel Payments
76% of Consumers Unlikely to Return to a Hotel, Attraction or Venue That Denies a...
December 27, 2021

Hospitality service providers’ cancellation and refund policies significantly impact consumers’ interest in using their services again. In fact, 76% of consumers “agree” or “strongly agree” they are unlikely to return to a hotel, attraction or venue that denied their request for a refund, while 74%...